RSRUSDT has formed an upwards trending channel on the 4 hour time frame. Looking for a re-test of the weekly close at around 0.05522, then a continuation upwards to re-test 0.068. A higher high would solidify the upwards trend formation.
** Do your own research when trading. Do not trade what you cannot afford to lose. This is for information only and represents real trading using the custom Diamond Indicator.
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RSRUSDT re-tested the weekly support and hit a low of 0.05508. Also bouncing off the 0.382 Fib.
Looking for uptrend continuation now.
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RSRUSDT has now re-tested it's previous high of 0.068, but has been rejected, yet to be confirmed. Literally hit our intersection of the 0 fib and the yellow trend line drawn on March !
@ccbase, hi thanks for commenting. Yer, we are actually looking for an entry at the moment, and this re-test could be the opportunity before 10c+, if BTC behaves.